Protara (TARA) officer has 3,724 RSU shares withheld for taxes
Rhea-AI Filing Summary
Protara Therapeutics reported an insider share withholding by its Chief Scientific Operations Officer, Jacqueline Zummo. On January 26, 2026, 3,724 shares of common stock were withheld at a price of $6.67 per share to cover income tax obligations tied to the vesting of a restricted stock unit award that was granted on January 24, 2025. After this tax-related transaction, Zummo beneficially owns 118,559 shares of Protara common stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 3,724 shares
Net Sell
1 txn
Insider
Zummo Jacqueline
Role
Chf Scientific Operations Off
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 3,724 | $6.67 | $25K |
Holdings After Transaction:
Common Stock — 118,559 shares (Direct)
Footnotes (1)
- F1. Represents shares withheld by the Issuer to satisfy income tax obligations associated with the vesting of a Restricted Stock Unit Award granted to the Reporting Person on January 24, 2025.
FAQ
What insider transaction did Protara Therapeutics (TARA) disclose?
Protara disclosed that Chief Scientific Operations Officer Jacqueline Zummo had 3,724 shares of common stock withheld on January 26, 2026 to cover taxes on a vesting restricted stock unit award.
What is transaction code "F" in the Protara (TARA) Form 4 filing?
In this Form 4, transaction code "F" indicates shares were withheld by the issuer to pay taxes due upon the vesting of an equity award, rather than an open-market buy or sell.
Was this Protara (TARA) insider transaction an open-market sale?
No. The filing states the shares were withheld by the issuer to satisfy tax obligations on a vesting restricted stock unit award, not sold in the open market.
AI-generated analysis. How Rhea-AI works. Not financial advice.